2, GILLSWAY, NORTHAMPTON, NN2 8HU - £525,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 GILLSWAY is a large extended detached house of 136m², built sometime between 1930 and 1949. It was last sold for £525,000 in March 2021, which was around 30% above the average March 2021 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

2 GILLSWAY Sold Prices

Land registry data shows four sales for 2 GILLSWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. two of the four 2 GILLSWAY sales were for above the average price, and four were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 19 MAR	£525,000	£403,976	30% above HPI
2011 21 JAN	£240,000	£263,994	9% below HPI
2001 1 JUN	£157,000	£159,838	2% below HPI
1997 27 JUN	£105,000	£97,224	8% above HPI

2 GILLSWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The four 2 GILLSWAY sales between June 1997 and March 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2021 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 2 GILLSWAY?

2 GILLSWAY is 136m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses in Northampton, based on EPC data. The below chart shows the distribution of detached houses by size in Northampton, and where 2 GILLSWAY lies on this distribution: 73% of detached houses are smaller than 2 GILLSWAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Northampton.

2 GILLSWAY: Plot and Title Map

2 GILLSWAY sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 2 GILLSWAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 GILLSWAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 GILLSWAY?

2 GILLSWAY is located in NORTHAMPTON, in the NN2 postcode district. The below map shows the position of No. 2 on GILLSWAY.